SQ at critical key levelCritical level for SQ to hold here at the intersection of higher and medium time frame pitchforks with the golden pocket and 2019 AVWAP
SQD trade ideas
SQ a buy at $130?SQ a buy at $130 or coming down to $120? Selling volume picking up but $130 holding for now.
Square/Block Analysis 15.01.2022Hello Traders,
welcome to this free and educational analysis.
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Looking for these levels to hold. Bought short term SQ Calls.Expecting the July/August 2020 accumulation area to hold.
Looking for a pop next week to 144/147 to take off my Calls. Will scale out of calls as we trade above 140.
Started a position in shares for a longer term hold.
could see a deadcat bounce pattern here 🔥SQ sitting at trend support, looking for a move 150.26 before a possible pullback, if it can break trend resistance the next target is 169.68.
like and follow for more! 💘
SQ At Hard to ignore Zones BuyTheDip for $150++SQ has been neaten down pretty hard from its all time highs along with growth names and bitcoin.
It is great place to have a starter position to have a turnaround from here onwards. Matter of WHEN but not IF
Buy zone $120-$129
STOP loss $117
Consolidation here for upside move upwards of 150+
We predicted completion of final wave up nicely! Whats next?We Predicted a final bull run wave 5 to complete a large cycle wave degree initiated at 8.06 USD on 10th jun 2021 !
After hitting our first resistance zone , this large cycle wave completed and strong decline started. So far, Stock has corrected slightly more than 50 % of its whole bull run an is reaching to 115.49 corresponding to 0.618 golden ratio ! . Current around 50 % correction can also be acceptable but is not so common for a large degree wave 2. A sharp ABC form of correction can also be recognized with wave B at 270.16 therefore, 115.49 can be the turning point to start a larger long term degree wave 3 which will push the price to above 500 !!.
Please note that correction down to 68.25 USD corresponding to 0.786 retracement is also possible and is of course possible for this type of large cycle wave 2.
We certainly keep watching on the stock and follow it's path to make our huge profit in next long term bull run.
Good luck my friends.
SQ follows BTCBlock (the artist formerly known as Square) has much farther to fall...With BTC being in a bear market currently, SQ IMO will fall back to pre pandemic levels...The stock is overvalued but also underappreciated...I look to go long around the $80/$90 level...Happy trading
Bears aiming for $130?Signs:
Breakdown from the $190 support zone.
Bullish butterfly detected. Going from C to D.
Matches angle of channel on weekly.
200 SMA on weekly is around $130
SQ currently below 50 & 200 SMA on daily
RSI pointing to selling pressure. No signs of bullish divergence yet.
SQ is a BUYThe SQ sell off has been over done, Buying calls expiring in March at the $160 strike. SQ shouldn't have a problem ripping back to the $170 level by mid Feb.
Square / Block SQOVERVALUED and by far.
But possible short term trade : Entry at 140$ small rebound
Long term entry 100$
SQ thoughts and stuff. Up, Up, Up maybe,I think it may go up someday. SQ thoughts and stuff. Up, Up, Up maybe,
Square : Future FINTECH must have this one !Although Ant is god father of FINTECH in the earth but the one who come close to Ant the most is Square !
After acquiring AfterPay now Square are more powerful on ecosystem of both side (merchant and consumer)
A lot of playbook to develop from here such as AI lending/Credit tech , as they control consumer&merchant data whose spending via CashApp & Square platform.
Moat of company is widen beyond geography limitation. Currently this stock is already become multi-continental operation ( Australia + North America )
If there is a change of one company who can kill Paypal in the future. No doubt Square it the closest competitor.
also they are stepping its toes into Block Chain Technology.
Great execution team , visionary CEO Jack Dorsey !
It is hard to find the time this stock sell in discount like this
welcome back to GMH portfolio SQ !
SQ LONG SQ looking good at these levels for further DCA imo - oversold, some bullish div on daily and weekly, MACD crossed over, money flow in the lowest channel, RSI in the lower channel, Firefly ocilator at all time lows, Heikin Ashi reversal candle on daily, all of which point to a good risk vs reward opportunity technically.
** NOT TRADING ADVICE **
SQUARE SQ I am net long in the 134 area in calls and PYPL SQ is now at .618 of the bull market it has a nice ABC decline and wave A x 1.618 = wave wave C AT TODAY LOW MOVE TO A 75 % NET LONG SQ and PYPL at the market look for a rather strong out of nowhere rally back to.382 min best of trades WAVETIMER
SQ Double Top - Strong pattern in weeklyCheck for rejection when retest the resistance in the daily timeframe.
$SQ BUY ZONE UPDATE-SQUARE INC did not respect our bounce levels we are looking for a possible lower move down towards $134.19
-Going to add some more down there
-short term put potential
-long term calls general bias
$SQ | WEEKLY WATCHLIST 1/10$SQ 1D
Same view as PayPal... wants more downside.
Watching the $120-130 area for support, otherwise mid $80s possible before recovery begins...😅
Block (Square) reversal incomingPrice may dip as far as the high $110s before reversing, if this channel holds.
The present sell-off is induced by the tightening Fed policy amid persistently high inflation and the crypto selloff of late 2021, early 2022.
2021 also saw an avalanche of insider selling.
Price prediction for SquareThis is my price prediction for square
$139.00 is @IanDunlap price which as announced on Market Monday's.
the lowest I think it will get to is around $101.15 as an area of support.
$SQ - Daily Pennant, watch for break either side$SQ - Daily Pennant, watch for break either side
- Weekly at 0.5 level
- Daily at demand zone
- RSI bullish divergence
- Weekly and daily inside bar
SQ nearing completion of a bullish M-patternWill the weekly ma200 be able to stop the correction of SQ at 140?
Or maybe more downside (still big red candle touching ma200 & no sign of dip buying)?
The next supports are 100 & the strong 84 previous resistance turned support which coincides
With an 80% FIBONACCI retracement from the start of M-pattern at 32 to the peak at 284.
With any scenario, Wave 3 shall continue in 2022 coz e-payments are here to stay.
This is not financial advice. Trade cautiously.
SQ SQ SQSQ in divergence. If crosses trend line it could go. Simple look, watch carefully.
148.58, 157.5 are it's resistances to break!
In 180C for for 2/18.
